PGIM announces Michael Lillard to retire in 2024; appoints John Vibert as future CEO of PGIM Fixed Income
John Vibert will be appointed as president and CEO of the $759 billion active global fixed income manager, effective Jan. 1, 2024.
LONDON and NEWARK, N.J., 29 Nov. 2022 – PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has expanded its global office of Diversity, Equity and Inclusion (DEI) with the appointment of Natalie Gill as vice president of DEI strategy and industry engagement. Effective immediately, Gill reports to Kathy Sayko, PGIM’s chief DEI officer, and is based in London.
In this newly created role, Gill will help drive the continued evolution of PGIM’s DEI strategy, bringing best practices and innovation from across the asset management industry, financial services and DEI practitioners to inform and develop the approach. She will lead on deepening and broadening diversity partnerships both externally and internally, with a focus on the EMEA region. In addition, she will focus on developing global research and thought leadership to create positive change.
PGIM currently partners with several diversity organisations, including the Diversity Project, 10,000 Black Interns, Sponsors for Educational Opportunity, 20/20 Investments and other carefully selected groups to promote diversity in the asset management industry and to develop solutions to dismantle barriers to entry for diverse talent across all levels.
Gill joins from Sumitomo Mitsui Banking Corporation where she was head of diversity and inclusion, EMEA, responsible for designing the DEI strategy across the region. Prior to that she was an inclusion and diversity lead in the HR Culture and Inclusion team at Santander, having previously been programme director at Timewise, a gender diversity and flexible working consultancy, delivering advisory expertise on inclusive culture change to large multinational corporate clients.
Sayko commented, “At PGIM we are committed to creating a fully inclusive culture, where all employees feel empowered to bring their authentic selves to work. At the same time, given our size and global footprint, we have an opportunity — and a responsibility — to leverage our reach to advance social justice and equity more broadly.
“Natalie has been an advocate for DEI for multiple decades, playing a key role in driving impact at the firms she has worked for as well as across the finance and asset management sector more broadly. We are thrilled to welcome her to the PGIM team and are excited about the many ways her experience, passion and deep knowledge can ensure we continue to offer our people a diverse and inclusive environment and to create a more equitable industry, where all people can thrive.”
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with more than $1.2 trillion in assets under management as of Sept. 30, 2022. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, visit pgim.com.
Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.
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